Making the decision to cleanse your portfolio by minimizing holdings, just like you minimize your possessions, can have some positive effects. When you take the time to examine what you own, you may make the decision that some things need to go. The same is true when you clean...
Read More
Free Download: The Wealth Advisor Volume 11, Issue 6 In This Issue: What to do with a confusing, old trust. How to know if you have an outdated trust. Quality estate planning is an ongoing process. You are not trapped by old plans, even when they’re “irrevocable.”
Teaching Your Child to Save (and Spend) For those parents that are teaching your children to save, you are providing your children with a priceless lesson. Those children that are taught to save are more likely to save as adults. And those that are taught how to save and...
Retirement is a time one should enjoy doing what they want to do, always being aware of their spending. Because most retirees have a set income, retirement requires a more ‘savvy’ approach to managing the way money is spent. Some ideas to implement prior to and during your early...
No matter what your age, retirement calculators can be a benefit to you in your retirement planning. Retirement calculators are easily accessible on the internet through a search, or you may have access to various calculators through your investment custodian(s). Here are a few tips to keep in mind...
This spring (2017), the US Treasury Department has launched additional TV ads directed at Americans that have no retirement savings plan at work. If you’ve seen the ads and you’re curious what this plan is about, read on! The myRA plan was started in the fall of 2015, but...
The older you get, the greater the chances that you have ‘old’ 401(k) accounts at former employers, or multiple IRAs from retirement plan transfers from leaving multiple jobs. While transferring the 401(k) s from multiple employers into multiple IRAs was the best way to go, leaving them ‘unattended’ makes...
Investing is a process that takes time, should be thoughtfully monitored and has a better chance of success if planned out. Regardless of what stage you’re at in your life and even if you’ve started investing, making a plan and sticking to it will benefit you. Keep the following...
As spring time comes back to many parts of the US, so does many ‘seasonal’ scams. Partly because of tax season and partly because home projects ramp up, and travel ‘springs up’, this is the time of year to be more alert regarding potential scams. Since credit card companies...
Are you a parent or related family member thinking of starting a 529 savings plan for a child? Starting a plan to save for college or other type of technical career training is a smart choice because small amounts are contributed monthly over time. Legally known as “qualified tuition...